Pascal
10-02-2012, 01:05 PM
Since the market is going "nowhere", traders are afraid of the natural "natural gravity" type of move.
It is clear that the 20DMF is not showing accumulation, but there is not panic selling either.
We can also see that even if AAPL could not bounce, it does not attract heavy selling either.
As of now, the idea is to manage existing positions. No need to front-run the next possible market move.
Pascal
15991
15992
It is clear that the 20DMF is not showing accumulation, but there is not panic selling either.
We can also see that even if AAPL could not bounce, it does not attract heavy selling either.
As of now, the idea is to manage existing positions. No need to front-run the next possible market move.
Pascal
15991
15992